Guideline Value for Attavanai Majeeth Street

Attavanai Majeeth Street guideline value

The current guideline value of Attavanai Majeeth Street is Rs 510 per sq.ft, effective from 1 July 2024. This street is located in Dharapuram Ward 3 village, under the Dharapuram SRO, and is classified as Residential Class I Type - III.

How the guideline value of Attavanai Majeeth Street has changed

The guideline value of Attavanai Majeeth Street has seen several revisions over the years. In 2002, the value was Rs 120 per sq.ft, which increased to Rs 133 per sq.ft in 2003. The next recorded revision was in 2012, where the value was Rs 455 per sq.ft, marking a significant increase of 242% from 2003. However, in 2017, it decreased to Rs 305 per sq.ft, a drop of 33%. The value rose again to Rs 456 per sq.ft in 2023, and the most recent revision in 2024 set the value at Rs 510 per sq.ft, reflecting an increase of 12% from the previous year.

The guideline value register does not have a figure for Attavanai Majeeth Street for the year 2007. Overall, from 2002 to 2024, the guideline value has increased by 325%.

Guideline values in Dharapuram Ward 3

In Dharapuram Ward 3, there are 31 streets under the Dharapuram SRO that have a guideline value for 2024, ranging from Rs 510 to Rs 1,820 per sq.ft. The median value for these streets is Rs 575 per sq.ft, placing Attavanai Majeeth Street's 2024 figure below this median.

• Atthar Majeeth Street: Rs 510 per sq.ft (2024)
• Big Bazar Street: Rs 1,820 per sq.ft (2024)
• Big Bazar Street Backside: Rs 1,820 per sq.ft (2024)
• Chairman Street: Rs 800 per sq.ft (2024)
• Jammal Pudur Street: Rs 575 per sq.ft (2024)
• Javulikadai pinpaguthi: Rs 1,770 per sq.ft (2024)

Stamp duty and registration fee for property in Attavanai Majeeth Street

For a 1,000 sq.ft plot at the current rate of Rs 510 per sq.ft, the guideline value would be Rs 5,10,000. The stamp duty at 7% would amount to Rs 35,700, and the registration fee at 2% would be Rs 10,200, bringing the total to Rs 45,900. It is important to note that duty is charged on the higher of the guideline value and the sale price. You can use the stamp duty and registration fee calculator for more information.

Which Sub Registrar Office covers Attavanai Majeeth Street?

The Sub Registrar Office that covers Attavanai Majeeth Street is the Dharapuram Sub Registrar Office, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Dharapuram Ward 3

The guideline value serves as a benchmark for property transactions in Dharapuram Ward 3. When buying or selling property, the guideline value is used to determine the stamp duty and registration fees that need to be paid at the time of registration.

It is essential for buyers and sellers to be aware of the current guideline value, as it directly impacts the costs associated with property transactions. Accurate knowledge of the guideline value ensures compliance with legal requirements during the registration process.

Frequently asked questions

What is the current guideline value of Attavanai Majeeth Street?

The current guideline value of Attavanai Majeeth Street is Rs 510 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 120 per sq.ft in 2002 to Rs 510 per sq.ft in 2024, marking an overall increase of 325% over the years.

What is the land classification for Attavanai Majeeth Street?

Attavanai Majeeth Street is classified as Residential Class I Type - III.

What are the stamp duty and registration fees for properties in this area?

For a property valued at Rs 5,10,000, the stamp duty would be Rs 35,700 and the registration fee would be Rs 10,200, totaling Rs 45,900.

Which office handles property registrations for Attavanai Majeeth Street?

The Dharapuram Sub Registrar Office handles property registrations for Attavanai Majeeth Street, located at Taluk Office Compound, Dharapuram 638 656, Coimbatore registration zone.